@gwenbanks If you group the two rentals, the qualified business income would be on the net from the two, assuming you can group them because they are either both residential or both commercial, etc. If you treat them separately, each would be eligible for the QBI deduction if they made a profit and otherwise qualified. In either case, you will need to treat the two consistently unless you have a clear reason not to, and if you take the qualified business income deduction on them it would be on the net of the two, not on the one but not the other, since the qbi deduction considers all businesses.
